$2,375,000
For Sale

5650 Broadway

Sacramento, CA 95820
1111 sqft | 0.16 acres | #224004384
Browse 29 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

5650 Broadway is a 3-parcel "value-add" development opportunity located in the Tahoe Park neighborhood of Sacramento. The Property currently features 3 residential units including a single-family residence on Broadway and a single-story duplex located behind the SRF, all of which are in exceptional condition. The three existing units are currently rented for a total of $8,450 per month gross. The Property also represents significant upside in the underutilized land over its three contiguous parcels totaling .60 acres. Existing preliminary architectural plans map the construction of eight additional units including one duplex (2 units) and 6 accessory dwelling units measuring 599 square feet to streamline the development process and minimize development fees for the project. The Property sits less than a mile from existing UC Davis medical facilities and Aggie Square, the state-of-the-art research and innovation center that is currently under construction. The project will bring thousands of highly-paid professionals to the neighborhood, many of which will seek well-located & upscale unit.

  • Interior Details
      • Cooling FeaturesCentral
  • Property Details
      • Lot DescriptionPrivate, Secluded
      • Stories2
    • Measurements
      • Acres0.16
      • Square Feet1111
    • Parking
      • Parking FeaturesOpen, Other
      • Parking Spaces11
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1934
    • Material information
      • FoundationConcrete
  • Utilities / Energy Details
      • Utility FeaturesNatural Gas Connected, Electric
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • ZoningR-1-Single Family Residential
      • CountySacramento
  • Other
      • MLS #224004384

Location

Debra DurbinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00